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    <title>Direct and Indirect Tax Proposals to Yield Rs. 18,000 Crore; Tax Administration Reforms Commission to be set up; Tobacco Products, SUVs and Mobile Phones to Cost More</title>
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    <description>The Budget proposes tax administration reforms including a Tax Administration Reforms Commission and a mix of direct tax measures-middle bracket relief, temporary increased surcharges on high incomes and companies, investment allowance for large manufacturing investment, 1% TDS on immovable property transfers above a threshold with agricultural land exempt, deferred implementation of modified GAAR, and higher withholding on royalties and technical fees to non residents-alongside administrative improvements in e payments, refund processing and information returns.</description>
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